New Consultations: Modernizing Tax Rules for Charities
As the last remnants of a scrumptious Thanksgiving weekend subside, it is appropriate to take a look at the health and issues surrounding the charitable sector in Canada. Serendipitously, the federal government is seeking your views on how the tax rules for registered charities and the Canada Revenue Agency’s (CRA) administration of these rules could be modernized. A new consultation was launched on October 8 and here’s what the government wants to know, by December 3, 2026:Happy Spring: Check Out Knowledge Bureau’s New Programs & Website!
Knowledge Bureau’s Spring 2026 Course Catalogue, Tuition Guides, New Distinguished Graduate Awards are here! As we proudly unveil our new revamped website, the nine Knowledge Benefits we’ll share here today are designed just for you, your team, your time and your budget! It’s our mission to help you make a great educational decision for the period April 1 to March 31, 2027!
Red Ink on the Prairies
A day after Quebec’s Finance Minister Eric Girard brought down a Budget featuring a $6.3 Billion deficit, Saskatchewan’s Finance Minister Jim Reiter tabled his government’s budget on March 19. Next up was Finance Minister Adrian Salas, who tabled the Manitoba Budget on March 24. The common thread: there’s lots of red ink on the Prairies. But that’s where the budget documents differ between Manitoba and Saskatchewan. Here’s the latest tax news and why it matters to the advice you give your clients.
Bill C-4 Passes
Bill C-4 has been proclaimed into law, so what do your clients need to know? For starters, not much that they didn’t already know, although there are a few eyebrow raisers.
Quebec Budget Boosts Retirement Savings
So far in provincial budget season 2026, every provincial government which has tabled a budget has announced a significant deficit. Quebec Finance Minister Eric Girard brought down his government’s budget on March 18th and contained in that budget is a $6.3 billion deficit. For context, it is smaller than last year’s deficit and next year’s is forecast to be $4 billion. The Quebec government is committed to a balanced budget by 2029-30. The budget document itself says the government is "resolutely pursuing” a path to balance.
Navigating Tax Treatment After Bankruptcy
When a commissioned salesperson receives a T2200 form from their employer, it opens the door to deducting employment expenses that are typically off-limits to salaried employees. But what happens when that employer goes bankrupt, and the salesperson pivots to self-employment? This article explores the tax treatment of such a transition, using a realistic scenario to illustrate the rules and opportunities available under Canadian tax law.
Beyond the Solo Practice: Building Capacity for What’s Next
Today’s Live Virtual Business Builder Summit was designed to help practitioners make that shift — from managing everything themselves to building a practice that can support more clients, more complexity, and long-term success. Good news! The Recorded course is now available for you to learn at your own time and convenience and you won’t want to miss this opportunity. Why does growth in your business matter so much now? Watch our short video featuring the event topics that will help your organization of grow beyond a solo practice as you consider these three key drivers:
